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CNBC
The Kudlow Report

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Dec 7, 2012

in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie windsor who married her partner in canada. the partner died and left edie the estate. the federal government said we can't recognize you as married.

CNBC - Worldwide Exchange

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CNBC
Worldwide Exchange

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Dec 6, 2012

's middle class. so i think it all is positive sentiments. the government is pumping more money, drive the infrastructure development. and i think that in the medium term over say the next couple months, the losses should be much better. >> all right. andrew, thank you. stick around. we'll come back to you you and talk more about the luxury sector. nick has views, as well, on the chinese stock market. speaking to cnbc a day after delivering his autumn statement in parliament, he said the budget plan would continue to attract investment to the british dealt markets. >> we have to get a control on spending. that's why i'm operating benefits by less than the rates of inflation. it's forecast to continue to fall, so we are making progress. britain started with a large deficit, but we're getting it down. >> you've drawn criticism about the lack of supporting growth. when will we see measures that booth the long term growth of the economy. >> i think you see two sorts of measures. big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have on

CNBC - The Kudlow Report

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CNBC
The Kudlow Report

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Dec 5, 2012

detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be se

CNNW - Piers Morgan Tonight

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CNNW
Piers Morgan Tonight

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Dec 7, 2012

-poohing government's role in provision nutrition for kids. i shot back at her, we had a couple exchanges and finally i said why don't we both live on food stamps. i went to bed not thinking much of it and got up the next morning and it had spread through the social media world, and was a bigger story. i called my staff and said we're doing this. >> you were on day four of this. this is the exact pile of food that you got. >> yes. >> what is interesting to me, you spent $29.78 on this, but when we tried to match it around here, in new york, we had to spend $57.37. >> right. >> implying that the government rate, if you like, for this food is clearly based right at the lowest possible level and may not be even possible for many people onn efood stamps. >> that's what we want to highlight. you have people who live in nutrition and food deserts who don't have access to fresh, healthy foods. i'm very lucky, i live a mile away so i walked to the superintendent. many people can't get in their car and go to the supermarket. we're trying to see not just what the challenges are living on this amount of money,

KPIX - CBS 5 Eyewitness News at 6AM

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KPIX
CBS 5 Eyewitness News at 6AM

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Dec 6, 2012

but this week surfaced in guatemala to seek asylum. he says he is the victim of a government conspiracy in belize. >>> i had to leave but the story has to get out. i have documentation that proves the intense corruption at all levels of the belizian government. now that i'm in a safe place, i can speak freely. >> mcafee still may face deportation though back to belize. >>> the egyptian army now has tanks outside the presidential palace in cairo amid worsening clashes between protestors and supporters of the syrian government. overnight, violence killed five people and injured more than 600 others. mohamed morsi critics began protesting two weeks ago when the president gave himself unrestricted power. >>> an norms u.s. official says secretary of state hillary clinton plans to meet with russian diplomats and a u.n. peace envoy for syria. the civil war ramped up in recent days with violent attacks and the u.s. fears syria's leader bashar assad is closer to using chemical weapons against anti-government rebels. >>> a new warning about a baby recliner titled to several infant deaths. >> plus

MSNBCW - The Ed Show

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MSNBCW
The Ed Show

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Dec 6, 2012

place in government. >> including at a federal level? >> including at the federal level. that's what elections are. collective bargaining. >> house democratic leader nancy pelosi pointed out jim demint was one of the ringleaders in voting down the u.n. treaty for people with disabilities this week. >> that was one of the saddest days, so anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> it was demint and his tea party allies who pushed the country to the brink of default back in 2011. this is what demint told abc news about republicans who tried to strike a debt deal. >> what happens if -- what happens to republicans who go along with a debt ceiling increase? if they go along with the debt ceiling increase without a balanced budget amendment and the kind of stuff you're talking about? >> i think for the most part they're gone. it would be the most toxic vote we could take. >> demint's far right ideology is a key reason nothing gets done in this congress. house speaker john boehner is curre

CNBC - Squawk Box

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CNBC
Squawk Box

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Dec 7, 2012

% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so the 30 in the gdp accounts is 120. they'll multiply it by four on the dividends income. it's quarter to quarter change at an annualized rate. so it's times four. there is the marginal propensity of those people to ge

CURRENT - Full Court Press

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CURRENT
Full Court Press

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Dec 7, 2012

government goes in there and raids these clubs. if the state is a player, the feds largely are hands-off. >> help me out here. so in washington state and colorado, it's not only legal toto i am bible or to smoke. right? but it's legal to grow? >> it's legal to grow in colorado. washington state does not allow home-grown cultivation. >> they are importing it from where? >> it will be grown in washington in cultivation centers. >> i see but not at home? >> you can grow up to six plants at home in washington. >> in colorado? >> yeah. >> and then you can legally sell it and the state gets a sales tax. >> that's right. in one year because they have to put the regulations out, promulgate them and fight and all, but more or less a year from now people will be able to go into these places like you and i can get alcohol and tobacco on and caffeine and use it possibly in a private setting. you can't use it like in a coffee-shop setting like in amsterdam. >> by the way, i was in amsterdam 10 days ago. i looked for one of those damn pot coffee shops. carol and i

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Dec 7, 2012

surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can i

CNBC - Squawk Box

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CNBC
Squawk Box

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Dec 6, 2012

to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m

CNBC - Closing Bell

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CNBC
Closing Bell

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Dec 7, 2012

revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue the trends is getting better. as jim pointed out, we need some clarity on the outlook, and the cliff is very important. if we go off the cliff, even if that number had been 250, the numbers still would weaken next year. >> jim, you have to make money in the meantime. where do you put your money? where are you putting money to work right now? >> well, i'm pessimistic. i share austin's view that i think we're going to go off the cliff and push this thing to february with the debt ceiling bill. as that reality comes in, the market is going to continue to struggle. i would avoid risky assets right now. i'd play s

KPIX - CBS This Morning

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KPIX
CBS This Morning

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Dec 6, 2012

that syria's government is preparing chemical weapons for possible use. >> secretary of state clinton is holding an unscheduled meeting in ireland with the special envoy to syria. it is a sign that russia may be switching sides to put pressure on syria to stop the fighting. margaret brennan is in dublin covering those talks. good morning, margaret. do you think this is a sign of a diplomatic breakthrough? >> reporter: norah, it's a sign of a possible diplomatic breakthrough. u.n. envoy to syria is flying here to dublin for this last-minute meeting with secretary of state hillary clinton and the russian foreign minister. it may signal that russia is finally willing to take u.n. action to send a message to bashar al assad to stop the killing. russia one of syria's few remaining allies and so far have agreed to any interactions to stop the killing of thousands of people. >> charlie rose here. the reporting that they're mixing the ingredients for chemical weapons influence what the russians may be doing? >> reporter: the russian foreign minister says that the outside

CNNW - The Situation Room

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CNNW
The Situation Room

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Dec 6, 2012

the government, but soon they could face a weapon even deadlier than any they've seen so far. cnn's pentagon correspondent barbara starr is joining us with the latest new threat on the possible use of chemical weapons. >> reporter: wolf, the challenge is for the obama administration to figure out exactly what bashar al assad is up to with his deadly arsenal. the horror remains unspeakable. 25 years ago saddam hussein unleashed one of the worst poison gas attacks in history. thousands were killed. now, in syria, u.s. concerns are growing by the hour that bashar al assad may be planning the same thing against his citizens. >> the intelligence that we have raises serious concerns that this is being considered. >> reporter: u.s. intelligence shows syria has mixed chemical compounds needed to make a deadly agent that can quickly kill thousands. >> the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. and this may be the last warning we get. >> reporter: the u.s. is not precisely saying what the syrians are doing, but there are two way

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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Dec 5, 2012

for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make sure americans feel like they can retire with dignity. >> i want to make sure we're talking about apples and apples here, which is so hard in this discussion. the $800 billion which the republicans put forward, which would be a cap on deductions, how does that compare with how far the information is prepared to go when it comes to raising revenue from capping deductions? >> we don't actually know what the republicans think they can do in that context yet, because they haven't told us how they would propose to raise the $800 billion. we don't know whose taxes would go up. we don't know the mixes of rates and limitations they would support. we think there's a good case as part of an agreement alongside a tax increase on the wealthiest 2% of americans. we think with that mix of rates and deductions, we can reach agreement on something that's very good for the country. >> do you have a number? is there a number that the administrat

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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Dec 6, 2012

millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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Dec 7, 2012

or government officials say entire families were washed away. more than 310,000 people have lost their homes as the typhoon struck on tuesday. >> the bay area quality management district has received a 1 million grant $1 million grant from the u.s. department of energy to help more local companies use alternative fuel for their vehicles and fleets. the gravel goes towards the california floods in wordplay alternative fuel project which aims to reduce barriers for companies and governments to use alternative fuel. such as issues with permitting. the gravel watch and february and will continue over a two-year period. a report finds a the states themselves agency needs more independent oversight and recommends a restructuring to avoid the appearance of conflict of interest. the institute of medicine says too many board members on the california institute for rich in art of medicine represent schools that receive funding. california voters in 2004 proposition 71 that form the seat i are am. as distributor about 1.3 billion in grants. california >> california is suing delta air lines over the lac

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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Dec 7, 2012

to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and >> reporter: so although the labor market is not getting worse, it's not getting a lot better, either. and there are plenty of risks that could cause businesses to cancel projects, and hiring plans. >> clearly one of the biggest risks is that we don't see a deal on the fiscal cliff, or that they drag it

KPIX - CBS This Morning

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KPIX
CBS This Morning

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Dec 7, 2012

one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en again -- >>> welcome to "cbs this morning." i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago

MSNBCW - News Nation

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MSNBCW
News Nation

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Dec 6, 2012

are dysfunctional and cannot govern, et cetera, et cetera. in terms of dealing with the policy problem, which is you have this massive and growing debt, you have to bring in more revenues. there's multiple ways to do it, but critical ways to raise rates on the top end. it was what the election was about. republicans want to play the game where they think they get something. at the end of the day they lose worse if we go over the cliff. >> that's an interesting insight because you have alan simpson on the "today" show asked dp one side is a winner or loser off the cliff. here's what he had to say, chris. >> when you have leaders from the administration saying i think it's to the advantage of the democrats to go off the cliff or i think it's an advantage of the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. >> chris? >> well, listen, you know, i'm not saying it's necessarily the best policy course. i wish people could sit down and negotiate this, but at the end of the day think about it from the president's pe

CNBC - Mad Money

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CNBC
Mad Money

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Dec 6, 2012

gratefulness, even if we think the government may be profligate with our money. enough already! i want others to do well too. so don't get the idea -- i'm not against the next guy doing better. the idea is that the small business person that everyone claims to be looking out for and the middle class people everyone pledges to, they do need a chance. but here's what the polls are missing, we are seeing rumblings if washington would stop intruding and go away and agree to a sacrifice. i know some are saying the president's taking a hard line. and i was none too happy with the press conference. if democrats don't get their way, i was preplexed by the rhetoric. as perplexed as grover norquist, the unelected head of the republican party can insist that voting for any tax increase after pledging to his organization not to vote for a tax increase is a death sentence for your political career. listen up, washington, we get a deal, any deal at this point we could have an economic boom that would make the benefits of even a bad deal done far outweigh the cost small business to the middle class, subchap

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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Dec 5, 2012

that they ordinarily would have. >> reporter: friday, the government will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. tha

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more/borrow

Dec 6, 2012

. the government finds exporting it is better than keeping it here at home. >> apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. the one day loss erased nearly $35 billion in market cap. that chunk is bigger than 400 other s&p 500 companies. apple ceo tim cook talked to nbc's brian williams in our rock center exclusive. >> why can't you be a made in america company? >> you know, this i found, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states, next year, we will do one of our existing mac lines in the united states. >> you can see the entire interview with tim cook tonight on rock center, that's 10:00 eastern time on your local nbc station, but for now investors are watching the market. apple shares 5.31, which is close to the main lows. this is clos

KTVU - Mornings on 2

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KTVU
Mornings on 2

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Dec 6, 2012

'll tell you where it is happening now. >>> 8:5. the federal government is suing a company that makes baby products. >> baby matters produces the nap nanny and chill infant recliners. the consumer products safety collision had ordered a recall after -- safety commission had ordered a recall after an infant died after using the nap nanny. >>> megabus is offering a deal, the low cost city-to-city express bus company is giving out 200,000 free tickets. megabus is known for selling a few seats on each bus for just $1 per trip. the company recently resumed service in the u.s. with a hub in san francisco. >>> a gay blogger will be in a san francisco croom because of a controversial foe -- san francisco courtroom because of a controversial photo. >>> the rain has moved out but some fog has moved in. >>> a look at 101 in san francisco. kind of slow going as you make your way to the bay bridge. we'll have more traffic hot spot the later -- hot spots later. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature co

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Dec 3, 2012

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Dec 3, 2012

coming from the government. they haven't said anything but that's not the problem. this has been going on now for months and months on end. selling shanghai and buying into hong kong. there's a couple problems. number one, shanghai is completely domestic market. let's face it. less sophisticated investors and too many shares of shanghai stocks out there. the owners of these stocks have flooded the market, carl, in the last couple of years with too many shares. so there are way too many shares of these stocks on the market and this constant calls to buyback stocks from mainland china. the important thing here is hong kong is an international market. international investors can get in on that deal. that's why i think -- i don't know how jim feels about this. if you ask who is right shanghai or hong kong, i would go more with hong kong outlook than shanghai outlook. >> totally agree. great report. >> i want to get back to phil lebeau on ford. brought us numbers but now predictions on production next year. >> the key here is production drives revenue which drives earnings and this is impor

KTVU - First Business

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KTVU
First Business

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Dec 7, 2012

the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies

KGO - ABC7 News 600AM

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KGO
ABC7 News 600AM

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Dec 6, 2012

side. the infant recliner blamed for five deaths. new action just announced by government officials. >>> catch the raiders and broncos tonight here on abc 7. larry biel and sports anchor mike shumann will tweet during the game you can follow them. you can also get updates on facebook.com/abc7news. >>> welcome back. doesn't this make you feel better about the morning commute? it won't be raining and your commute won't take three times as long. let's talk about fun. temperatures in the 50s now. as we head into the noon hour when the gates open over at the coliseum, 56°, we start to see sun break out, brighter 3:00 and 58, game time 5:20, partly cloudy and 56, 9:00 still partly cloudy, around 50°. have fun. >>> new morning, the duchess of cambridge has left a london hospital where she was being treated for acute morning sickness related to her pregnancy. this is new video of a smiling kate middleton leaving the hospital early this morning. her husband prince william by her side. both smiling politely, flowers i'm sure he got her. the royal couple's office says kate will head to kensi

MSNBCW - Morning Joe

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MSNBCW
Morning Joe

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Dec 6, 2012

. these are guys who went to congress not to limit government but to stop it. so what are you going to do? we've got five democrats, five republicans who range from dick durbin of illinois, great progressive democrat, and coburn of oklahoma, a progressive conservative, and five dems, five republicans, one independent, that's a super majority. and for god's sake, the reason we were so successful is we effectively pissed off everybody in america. >> congratulations, sir. kudos. kudos to you. >> good morning. it's thursday, december 6th. welcome to "morning joe." with us on set, msnbc political analyst, former democratic congressman, harold ford jr. >> mr. professor. >> good morning. >> professor. >> and we have former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we saw him on the streets of d.c. yesterday, and he was very cagey. >> the mean streets of d.c. >> yes. he was so

CNBC - Closing Bell

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Dec 4, 2012

CNBC
Closing Bell

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Dec 4, 2012

're readily available to almost every government in the region. many gulf states have them. intelligence indicates that the iranians either stole or perhaps bought this from under the table from some gulf state nation. but it doesn't appear that according to the u.s. navy, anyway, that there's any truth to the claims that the iranians actually seized a u.s. navy drone. >> all right, jim. thanks very much. >> we want to get to mary thompson. we have more breaking news right now on the arrest of a trader. mary. >> hey there, bill. this is about a securities trader, david miller. he's been arrested for wire fraud and charged with wire fraud by the connecticut u.s. attorney. in a statement, the u.s. attorney from connecticut stating this defendant orchestrated the unauthorized purchase of approximately $1 billion of apple stock in a fraudulent get-rich-quick scheme that back fired, causing massive losses for his employer. once again, rockdale securities trader david miller arrested and charges with wire fraud. back to you. >> all right, mary. thanks very much. we have 30 minutes until the cl

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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Dec 6, 2012

-husband recognized her in the surveillance. and she complained that the government stole her baby she makes a cradling gesture. records confirm that she lost custody child. the issue were the same outfit in the bank, her arrest, and the you tube video that could center down the tubes. cnn and coffeejeanne mos... >> coming up, much quieter than the yesterday's commute. with yesterday's fog, janu. >> good morning a. we are taking a look at the satellite and radar with high pressure building on the eastern pacific ridge. it will keep us rain-free. with that dense fog and breaks of sunshine for the afternoon and partly cloudy and cooler conditions. taking a look of fog tracker 4 still areas of dense fog but by 10:00 a.m. still some breaks of sunshine. and for the evening, some southern portions of the east bay shore in the east bay valley. a pretty nice start with vallejo, half moon bay. 56 in the sunnyvale. we will still be dealing with widespread 50s. but by noon, the 60s will be indicated by the rain. that is where the afternoon highs are headed. it will still be widespread 50s. taking a loo

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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Dec 7, 2012

taxpayer or any group of people who depend on government spending can be exempted from the serious problem that we have that's caused by this deficit is a mistake. everybody is going to have to pay for this. >> dawn, right or wrong, the defense industry has this reputation of being bloated, overcharging. are we at a point where we could afford to make cuts in defense spending to try and satisfy the needs of lowering the deficit in this country? >> you know, the real issue we've already seen through the budget control act, the defense has already witnessed significant cuts. i think when you're looking at the resolution here, resolving the negotiations so we don't go to the fiscal cliff, the real issue is everybody's got to participate. it's got to be a balanced approach. last monday -- well, earlier this week, 130 ceos in the aerospace defense industry sent a letter to the president saying we're urging a bipart son approach to this. it's got to be balanced. nobody is saying that defense isn't going to share in that. right now, sequestration, $600 billion, that's not a fair share. >> can i p

MSNBCW - First Look

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MSNBCW
First Look

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Dec 6, 2012

cafes in u.s., mexico and canada. >>> a new government commission report finds that exporting the nation's new found surplus of natural gas would do the nation good citing the overall economic boost would outweigh higher domestic prices. >>> and economics team at virginia's lynchburg college crunched the numbers and found if the nation goes over the fiscal cliff, high income californians would beat out new yorkers and hawaiians for the potential highest tax rate at nearly 52%. >>> forbes is out with the 2012 most powerful people list. president obama held on to the top spot for a second year. the pope climbed two notches from last year. he is in fifth place. facebook's ceo mark zuckerburg went to number 25. former president clinton held on to number 50. and tonight be sure to watch brian williams sit down with tim cook. by the way, he's number 35 on the forbes list. >> finally, no, this is no joke. pizza hut in canada sent more than 100 bottles of pizza cented perfume to facebook fans. the fragrance boasts freshly baked hand tossed dough. >>> some optimistic news in the fight against bre

KRON - KRON 4 Morning News

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KRON
KRON 4 Morning News

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Dec 7, 2012

scrutiny from government regulators over this proposal made by c. l. reed hastings in july. securities and exchange commission's analysis to net flicks and hastings regarding the pose on the account. hastings wrote of facebook that monthly viewing on net flicks had exceeded 1 billion hours in june. the sec is that it says and that is material and best information that that must be disclosed as close a regulatory filing or press release. the company says the information as a material because it already disclosed that subscribe is reviewing about a billion hours of content per month. >> the live cameras are looking gorgeous. this is san jose showing you traffic is nice and light on the 1 01 and there is plenty of sunshine. we will be back. reservoirs' have seen a much needed increase in water level since last weekend storms. the reserves and a clear and prove significantly with the rain fall but levels are not exactly where they need to be. since last wednesday the santa clara with valley water district's as average storage in their tent reservoirs' increased from 74 to 91 percent of whe

KRON - KRON 4 Early News

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KRON
KRON 4 Early News

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Dec 7, 2012

alternative fuel projects which aims to make it easier for companies and governments to use alternative fuel. the grant will launch in february will continue over two year period. >> and 18 year-old man is behind bars this morning in redwood city after being arrested in connection with a shooting on highway 101. police have been shooting for eric valencia vargas since the the timber furtive shooting. he is suspected of shooting three people in a dodge charger as they drove south on highway 1019 ralston ave off ramp. according to believe he started the car either because of a road race or some sort of previous dispute. all three occupants of a barge chargers suffered minor injuries from the shooting. >> meanwhile a partisan contra costa county have arrested a 38 year-old homeless man in the strangling death of another man at a homeless camp in concord. officers say james riley was arrested on suspicion of homicide yesterday's after a fight left 47 year-old gerald nagle the dead at a homeless camp. authorities say it is unclear why the two men were fighting. rightly is currently being held at

KTVU - Mornings on 2

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KTVU
Mornings on 2

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Dec 7, 2012

. the report found that too many members of the governing board were received from others. >>> the examiner reports that ogali lashed out a group yesterday -- out at a group yesterday. she was apointed to the board of supervisors -- appointed to the board of supervisors after mirkarimi was elected as sheriff. >>> fund-raising records were shattered by both president obama and mitt romney raising more than $2 billion. campaign finance recordsrd show president obama raised $1.1 million. mitt romney was close behind with 1.01 million. >>> a month -- a month after being re-elected president obama's rating is up to 57%. that's the highest rating since navy s.e.a.l.s killed osama bin laden. >>> 7:35. the national football league says it would help the oakland raiders, build a new stadium. roger goodell says it is crucial that the raiders approve their stadium situation and that the nfl would help for a new one. the raiders have held talks about a new stadium but no progress has been reported. >>> changes could be coming to the nfl next year. why some want those kickoffs to be eliminated and what

CNBC - Closing Bell

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CNBC
Closing Bell

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Dec 6, 2012

. it looks like railroad tracks. residential investment and government infrastructure, which is way down from historical levels, and business structures investment, that's important, but the locomotive that pulls our economy is investment in equipment and software. whether it's for an oil cater in the basis or a high-tech start-up buying servers and routers and things of that nature. it's our reduced level of capital investment that's produced our low gdp growth rates and our high unemployment. and high tax rates at the corporate level worldwide are directly related to high unemployment levels. you've got to stimulate investment in the united states and a lower corporate tax rate and a so-called territorial system where you don't tax profits made, say, from selling disposable diapers in china to chinese citizens. has to pay a tax to come back in the united states. >> let me get your take, fred. everything you say makes a lot of sense. yet, here we are on the edge of this fiscal cliff. we're not sure what will happen. many people predicting we'll go over the cliff. if we go over the cliff and

KRON - KRON 4 Morning News

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KRON
KRON 4 Morning News

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Dec 6, 2012

in the southern philippines were government officials say entire families were washed away. >> as the kron 4 morning news continues a live look from mount tam this thursday morning. low clouds around the bay into some blue sky above. winning the fog to break up around the bay area of big changes for the weather forecast will have more on your weather the latest look at your morning commute. watching wall street as well without the jones amount of time. we will be back with more stores the kron 4 morning news' returns in two minutes. good morning and welcome back 7:28 a.m. is a time. taking a look at our live camera at santos go on and as ave.san francisco. >> dealing with low clouds and locally dense fog this morning as best as sunny afternoon dry and to leaving. because of a low visibility there are delays in arrivals at sfo average of about 48 minutes. if you're headed there you want to tracheck travel times. >> we are here at the approach the bay bridge toll plaza in my last report i imagine solemn the incline. it looks like they may have clear that. i do not think there are any lange obs

CNNW - Starting Point

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Dec 4, 2012

CNNW
Starting Point

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Dec 4, 2012

, and that government agencies can slash spending. a recipe for recession. i asked the ceo of fedex how companies plan ahead when washington is so dysfunctional. >> well i think most of the ceos look at the situation in washington with complete amazement and dismay, to be frank about it. the problem is, the ideological pinnings on both sides of this argument are so difficult to bridge, that it's going to be hard for them to get a deal. >> that's right. other ceos i talked to yesterday said they think it will be hard to get a deal, soledad and it's kind of a grim move right now in d.c. about how long it's going to take -- >> xavier becerra, it sounded like compromise could be on the table because they're going to come to this cliff deadline that will put pieces in place that maybe just have a deal. >> i hope you're right. we will see. >> look maybe we're not being fair. you go over the cliff, the rates go up. >> right. >> the president then says, i want president then says i want to cut taxes for 99% of americans. how at that point do the republicans vote no and say we're going to hold this hostage unt

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